bought the dip at $240 and now it's slowly rising and stabilising

To be honest with you, if you want a whole fleet of Lamborghinis, you're SOL. This is the problem with this sub, and ultimately why people are losing money. Everyone expects to make 1,000,000+% profit off of this. For the moment, if you're lot a long term investor, the profits will be marginal. So many new traders are expecting this to be at or above the value within a day or two and get scared as soon as it doesn't happen. Markets make waves, shit happens.

Anyhow personal rant over. The point is, you're probably too late. So is everyone in this sub. For a fleet of Lamborghinis, you would have to have invested at least $100,000 when ETH was valued at $.01. I guarantee you that's NEVER going to happen again, unless you're some big NYC stock broker with already large amounts of money. Sure you can SPECULATE on other coins, but they're never going to reach heights of BTC/ETH.

THAT BEING SAID, I am currently invested in something else that could reach very high values very quickly.

Instead of asking other people what's going to moon quickly, do your own research. Don't be like a large amount of people in this sub who don't actually know what they are investing in. Learn who Satoshi is. Look at previous price trends of BTC. Learn how ETH actually works. Learn what Dagger is and how it's separated ETH from BTC. Learn what ICOs are. Don't like them? Invest in a coin that doesn't have ICOs. Learn what mining is. Don't like power consumption and changing gas prices? Invest in a coin that doesn't have either. Figure out for yourself why BTC is going to decline against ETH (HINT: it has to deal with mining).

Personally, the ONE thing i'm against with MOST coins is the power consumption. Think about it. Think about how much energy we are simply wasting by endlessly mining with graphics cards. I get it, I mean there are places in Iceland using geothermal vents etc etc. Whatever though, there are places in China that are doing the exact opposite.

Anyhow, rant over. I probably sound like I'm insane and losing my mind probably because I am.

TLDR: Do your homework.

/r/ethtrader Thread Parent